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Itm Power (OTCMKTS:ITMPF) Shares Gap Up - Here's What Happened

Itm Power logo with Energy background

Itm Power (OTCMKTS:ITMPF - Get Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $1.00, but opened at $1.08. Itm Power shares last traded at $1.15, with a volume of 1,730 shares changing hands.

Itm Power Trading Up 7.7%

The company has a current ratio of 3.87, a quick ratio of 2.93 and a debt-to-equity ratio of 0.05. The business has a fifty day simple moving average of $0.78 and a 200-day simple moving average of $0.53.

About Itm Power

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ITM Power Plc designs and manufactures proton exchange membrane (PEM) electrolysers in the United Kingdom, Germany, Australia, rest of Europe, and the United States. Its product portfolio includes TRIDENT, an PEM electrolysers stack technology; NEPTUNE, a 2MW plug and play electrolyser for small to mid-size projects; and POSEIDON, a cutting-edge 20 MW module for large-scale projects.

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